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CW mentioned they were getting ready for AMZN on the CC. This will be massive catalyst imo. -> While scientific research on CBD has a long way to go, it is being touted for a variety of benefits. In an extensive report, investment banking firm Cowen Inc. projects potentially explosive growth ahead. Cowen sees particular potential for online sales of CBD products, and believes that Amazon.com is well-positioned to become a leading player. A cannabis-related ETF also has turned in market-beating performance, per CNBC.
https://www.investopedia.com/retail-investors-sell-faangs-buy-cannabis-after-usd800-billion-rally-4684234?utm_source=news-to-use&utm_campaign=www.investopedia.com&utm_term=16533916&utm_medium=email
This is the time we collect a lot of shorts for the next leg. CGC had many layers of this as well as TLRY before explosion.
Love this post !! Did you write it ?
CV should be $8-$10 on that press release imo.
Here is comment I left on that article-> I did not like this article at all, I did not find much value, because it somewhat feels like the author was short biased even though the title seemed long biased. Correct me if I am wrong and this is not a personal attack on the author, who I respect, but a difference of opinion on the article. Two major points to dispute:
1) Yes the $22 billion projection for the CBD industry will be in other areas besides nutraceuticals ( I have seen such report broken down). But guess what? CWEB will also dominate / participate in many of those other areas and will soon launch new products and in my opinion top partnership in these other areas.
2) They said the same about the Canadian weed companies valuations and they have lower sales and greater losses, and not as current and clear an opportunity as the leading CBD brand with an 18% market share. I believe CWEB will be the CGC TLRY ( market cap of $5-$10B + ) of 2019 as CBD continues to get mass acceptance.
Disclosure I am long CWBHF from approximately $10 average.
This is a lame, poorly, written article, in my opinion. May I ask why have you posted it twice? The author clearly does not understand that the $22 billion industry figure includes other areas that CW will also dominate in.
CW did do $69.5m in revenue in 2018. So not sure I understand your comment ?
?Why CBD's Invasion Into Pantries and Medicine Cabinets Is Inevitable - TheStreet https://www.thestreet.com/video/cannabis-cbd-in-cpg-opportunities-14921800?
It really is confusing ha
Sick numbers in that article . If true we going above 10b cap imo
?Charlotte’s Web is a market leader in cannabis CBD, says M Partners https://www.cantechletter.com/2019/04/charlottes-web-is-a-market-leader-in-cannabis-cbd-says-m-partners/?
Can’t believe all the negativity here after a few days of pullback after a major run. Overall markets and cannabis / hemps were mostly down. We were stuck in the 12-13 range forever .....moved to 25 and now are digesting that move before the next move up imo. Thesis unchanged to me. Long since $10 average USD.
well said and I agree exactly.
none of the pure play CBD co's are releasing PR"s and I think they are trying to be low key with FDA and or uplisting
Sounds big for cbd if they legislate the FDA away https://www.marijuanamoment.net/mitch-mcconnell-floats-legislation-to-resolve-glitches-in-hemp-regulation/
I can see CVSI being bought out ...anyone else ?
I love all of your posts ! Keep them coming !
As far as TA always remember news can trump chart TA , when you least expect it ???????
I think TSX sooner than later. Tight lipped on US
Let’s get back to talking about the #1 CBD brand and CGC TLRY Of 2019 of I may say. Smart money has spoken since the earnings report if I may say. No disrespect to other posters but would love to see bird back to CW
Whoaa 40k block buy on Cad side ?
CW super strong ! Does not care about chart analysts today so far .......
Amazing post and I could not agree more !
Institutions appear to be all over the CW dips...nice bids and blocks today
so far solid opening.......if we can trend higher then shorts from yesterday may think twice
Exactly !
Long since $10. Welcome to ignore. Best wishes.
This is first leg where we attract more shorts for more fuel
The clown show has arrived on our professional thread ugghhhh
Tweet @timseymour as the CBD #hemp trade = a liquidity trade due to federal approval you are seeing dedicated CBD hemp plays rocket ahead of liquidity conduit - see Charlottes Web $CWEB +81% in 18 sessions....
CW being bought like the CGC TLRY of 2019 ! $5-$10B+ cap us !!!
Has there been any public mention of new harvest plans? They going to do away with plus cbd or just add another brand ? What are the thoughts behind this ?
Yes best hope to expedite is for congress to step in . I did not like his comments on CVS and Walgreens as they are just selling balm / lotion to start
What are thoughts on FDA outgoing leader comments today ?
Yes and we are the CGC TLRY ground floor
When do shorts throw in the towel causing a TLRY type squeeze ?
Great article !!!
CGC ran to 5-7b market cap before uplist
The latest results from Charlotte's Web Holdings (NASDAQOTH: CWBHF) suggest it's the first cannabis company to establish a recognized brand with real pricing power.